<?xml version="1.0" encoding="iso-8859-1"?><?xml-stylesheet href="http://www.congoo.com/css/rss.css" type="text/css" media="screen"?><rss version="2.0"><channel><title>Mortgage-industry News - Congoo</title><link>http://www.congoo.com/feed/newschannelsfeed.aspx?chid=23&amp;catid=153</link><description>News Feed for - Mortgage-industry</description><item><title>UPDATE 2-Freddie Mac Oct portfolio down, delinquencies jump</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96399988&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T15:02:00</pubDate><description>NEW YORK, Nov 24 (Reuters) - Freddie Mac, the second-largest U.S. home funding company, on Tuesday said its mortgage investment portfolio shrank by a 21.6 percent yearly rate in October, while delinquencies </description><source>Forbes.com</source></item><item><title>ADVISORY-Nationwide to publish Nov house price index on Dec 1</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96402278&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T15:02:00</pubDate><description>LONDON, Nov 24 (Reuters) - Britain's Nationwide building society will publish its November house price survey on December 1 at 0700 GMT, the mortgage lender said on Tuesday. Keywords: BRITAIN NATIONWIDE </description><source>Forbes.com</source></item><item><title>Millions trapped in 'underwater' mortgages</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96406420&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T15:41:00</pubDate><description>Las Vegas always wins the title for worst foreclosure rate in the country. But these 5 cities have the fastest-growing foreclosure rates. And they're not the usual suspects. After losing their homes, </description><source>CNN</source></item><item><title>1 in 4 mortgages 'underwater'</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96396654&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T12:57:00</pubDate><description>Report shows 10.7 million borrowers are stuck with mortgages whose property values are less than what the they owe. NEW YORK (CNNMoney.com) -- In a sign that more foreclosures could be on the horizon, </description><source>CNN Money</source></item><item><title>Mortgage numbers double in a year</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96391820&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T12:04:00</pubDate><description>The number of mortgages approved for those buying a new home has almost doubled during the past year, but experts warn lending will be restricted next year. Figures from the British Bankersâ?? Association </description><source>Telegraph</source></item><item><title>Mortgage Misery</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96387719&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T11:17:00</pubDate><description>New report shows nearly 1 in 4 homeowners owe more on their mortgages than the properties are worth.</description><source>Time</source></item><item><title>Mortgage approvals edge upwards</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96386614&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T11:09:00</pubDate><description>Mortgage approvals only increased by 165 in October, but the figure has almost doubled over the past year, the BBA says  The number of mortgages approved by banks for house purchase rose by just 165 in </description><source>Guardian.co.uk</source></item><item><title>Thirty-Year Fixed Mortgage Rate Falls Again; Lowest Rate Since Zillow Mortgage Marketplace </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96288268&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T13:14:00</pubDate><description>SEATTLE, Nov. 24 /PRNewswire/ -- The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased six basis points last week to 4.69 percent, down from </description><source>Houston Chronicle</source></item><item><title>Citi Pushes Mortgage Principal Forgiveness</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96409251&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T16:02:00</pubDate><description>NEW YORK -(Dow Jones)- As unemployment rises, more borrowers need principal forgiveness on their mortgages, not just restructured loans, Citigroup Inc.'s (C) mortgage chief said. The comments by Sanjiv </description><source>Smart Money</source></item><item><title>Federal Home Loan Mortgage Down 29.4% Since SmarTrend's Sell Recommendation</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96406545&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T15:42:00</pubDate><description>(SmarTrend(R) Spotlight via COMTEX) -- FRE | Quote | Chart | News | PowerRating -- SmarTrend, our proprietary pattern recognition system, called a Downtrend for Federal Home Loan Mortgage (NYSE:FRE) on </description><source>TradingMarkets</source></item><item><title>UK mortgage lending hits two-year high</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96398811&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T13:15:00</pubDate><description>The number of mortgages approved for house purchase in Britain rose to its highest level for nearly two years during October as buyers return to the market. Around 42,238 loans were approved for people </description><source>RTE Online</source></item><item><title>UK Mortgage Approvals For House Purchase Highest Since January 2008- BBA</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96389264&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T12:56:00</pubDate><description>(RTTNews) - Tuesday, a report by the British Bankers' Association showed that the number of mortgages approved for house purchase totaled 42,238 in October, on a seasonally adjusted basis, up from 42,073 </description><source>RTTNews.com</source></item><item><title>Research and Markets: 2009 Plimsoll Analysis - Cosmetics &amp; Toiletries Retailers </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96292935&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T09:08:00</pubDate><description>The UK Cosmetics &amp; Toiletries Retailers market analysis This edition of the Plimsoll Analysis is the most comprehensive review yet of the UK Cosmetics &amp; Toiletries Retailers industry. With the market </description><source>Yahoo! Canada</source></item><item><title>House price upturn may buoy demand'</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96357918&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T12:19:00</pubDate><description>The aftershocks of the collapse of the U.S. housing market, which was at the epicentre of last year's financial earthquake, are still being felt but the market is slowly recovering. Higher house prices </description><source>Globe and Mail</source></item><item><title>UK mortgage lending recovering slowly</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96390946&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T11:53:00</pubDate><description>The number of mortgages approved for home purchases in Britain stood at its highest level in more than a year as the housing market showed more signs of a gradual recovery, according to lending data released </description><source>Boston Globe</source></item><item><title>Loans at pre-GFC levels: Mortgage Choice</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96375938&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T09:09:00</pubDate><description>Mortgage broker Mortgage Choice Ltd says loan settlements in the first quarter of 2009/10 are above budget and at levels seen before the global financial crisis (GFC). Chief executive Michael Russell </description><source>Nine MSN Money</source></item><item><title>Community Mortgage Lenders of America Warns: Congress Will Pull the Plug on Main </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96357626&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T01:07:00</pubDate><description>WASHINGTON (Business Wire) -- The Community Mortgage Lenders of America (CML America) today released a letter (see the attached) to congressional leaders warning that proposals under consideration by </description><source>Globe Investor</source></item><item><title>Bad Credit Car Loans Give You a Shove in the Right Direction</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96301605&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T15:42:00</pubDate><description>Now if you need a car and you need to get a car loan but because you have bad credit lenders are turning you down you can always opt for bad credit car loans (www.consumercarloan.com). What bad credit </description><source>PR inside</source></item><item><title>Freddie Mac Monthly Volume Summary: October 2009</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96400360&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T14:54:00</pubDate><description>(PR Newswire) The following is being issued by Freddie Mac (NYSE: FRE):  October 2009 Highlights:  --  The total mortgage portfolio increased at an annualized rate of 0.7% in         October.       -- </description><source>Individual.com</source></item><item><title>Mortgage approvals at two-year high</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96385979&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T11:27:00</pubDate><description>24/11/2009 The number of mortgages approved for house purchase has risen to its highest level for nearly two years during October as buyers continued to return to the market, figures have shown. Around </description><source>Mirror.co.uk</source></item><item><title>MortgageLiveTransfers.com introduces Exclusive Loan Modification Leads</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96412756&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T16:22:00</pubDate><description>Give your business a head start with our exclusive loan modification leads. Every lead is guaranteed exclusive and filtered in your preferred criteria. FOR IMMEDIATE RELEASE PR Log (Press Release) â?? </description><source>PRLog</source></item><item><title>Two-fifths don't understand offset mortgages</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96412326&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T16:24:00</pubDate><description>Research by First Direct has revealed that 40% of homeowners don't understand the basic idea of an offset mortgage and a further 35% only roughly know how they work. This trend highlights how consumers </description><source>Your Mortgage</source></item><item><title>BBA reports slight rise in October mortgage approvals</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96411557&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T16:17:00</pubDate><description>Permalink: The British Bankersâ?? Association (BBA) has today revealed a small rise in the number of new mortgages approved by the major banks in October. According to the BBA, approvals increased by </description><source>Home Move</source></item><item><title>Savings and mortgages</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96407960&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T15:51:00</pubDate><description>Level 1: Top Cash ISAs (currently paying up to 3% tax-free) Start with cash ISAs, these are just tax-free accounts where you can stash up to Â£3,600 (Â£5,100 if you're over 50) every April-to-April tax </description><source>GMTV</source></item><item><title>House prices</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96407428&amp;Channel_ID=23&amp;Category_ID=153</link><pubDate>2009-11-24T15:48:00</pubDate><description>house prices are on the up. But even if you want to take the plunge and buy, could you get a mortgage? Useful Links: The links above are to third parties' websites, the contents of which are not the responsibility </description><source>GMTV</source></item></channel></rss>